Latest news from the sector

Read and share inspirational stories collected from across the ICMIF membership.

ICMIF members P&V and CIC partner to provide Kenyan farmers with microinsurance

In June 2016, ICMIF launched the 5-5-5 Mutual Microinsurance Strategy (the “5-5-5”) with the ambition of providing access to microinsurance for the first time to 5 million households in five countries in emerging markets (Colombia, India, Kenya, Sri Lanka and the Philippines) in a period of five years. In 2017, P&V Assurances decided to provide financial support to the […]

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Grupo San Cristóbal presents its first Sustainability Report

Argentinian ICMIF member, Grupo San Cristóbal (The San Cristóbal Group) has this month published its first Sustainability Report, corresponding to the financial year 2017/2018. The report contains information about the economic, environmental and social impacts of the operations of its various business units. In line with international best practice, the preparation of the report was carried […]

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A DHAN Foundation activist is awarded the fourth highest honour in India for microfinance schemes for self-help groups in poor communities

The Development of Humane Action (DHAN) Foundation is a professional development organisation in India with a mission to “build people and institutions and to enable the poor communities for poverty reduction and self-reliance”. The DHAN Foundation works through a network of self-help groups, focusing on grassroots action, which cluster together to form federations. Through the 5-5-5 Mutual Microinsurance […]

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AM Best’s Special Report on cannabis identifies new opportunities for insurers, but with rapidly growing risks

Moves to expand the availability of medical and legalized recreational marijuana, coupled with projected future growth, position the industry as an emerging market for insurance carriers, according to a recent report from ICMIF member AM Best. A new Best’s Special Report, titled, “Cannabis: New Opportunities for Insurers, But With Burgeoning Risks,” states that both medical and […]

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Recognition for ICMIF member CyberScout in recent cybersecurity excellence awards

ICMIF Supporting Member CyberScout had two winners in the recent 2019 Cybersecurity Excellence Awards, sponsored by Cybersecurity Insiders. The Cybersecurity Excellence Awards are awarded annually, honouring individuals and companies demonstrating excellence, innovation and leadership in information security. The awards won by CyberScout were: Gold Winner: Cybersecurity Service Provider of the Year (between 100 to 499 […]

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ICMIF and We Effect highlight role of microinsurance for gender equality at the UN Commission on the Status of Women conference

Swedish non-profit organisation We Effect has partnered with ICMIF to highlight the role of microinsurance in gender equality for a side event to be held during the United Nations (UN) Commission on the Status of Women (CSW 2019) on Monday 11 March 2019. CSW 2019, the world’s largest conference on women’s rights and gender equality, takes place […]

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Estonia market now open for establishment of mutual and cooperative insurers

The International Cooperative and Mutual Insurance Federation (ICMIF) has this week welcomed the news that the Estonian Parliament Riigikogu has introduced an Amendment to the Estonian Insurance Activities Act, which has now expanded the types of insurance company structure which are permitted in Estonia. The Amendment means that both insurance associations (a type of mutual insurer), and European […]

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On International Women’s Day ICMIF members are leading the way in diversity

On International Women’s Day 2019 (Friday 8 March), we are proud to share the details of some of our work in the pursuit of a “Balance for Better” – the theme of this year’s day. A balanced world is a better world and ICMIF and its members are working to forge a more gender-balanced world; we celebrate women’s […]

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How ICMIF members are contributing towards gender equality through the 5-5-5 Mutual Microinsurance Strategy

The theme for this year’s International Women’s Day, #balanceforbetter, is based on the principle that “gender balance is essential for economies and communities to thrive”. However, with 783 million people living below the international poverty line of USD 1.90/day (according to the United Nations), there are many communities around the world that are not thriving. The distribution […]

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Japanese Young Leaders share the benefits of their experiences of the ICMIF Young Leaders Programme

The ICMIF Young Leaders Programme is a unique programme for ICMIF members which takes place during the Federation’s Biennial Conferences. The Programme is designed for young professionals (generally aged 18 to 35) from mutual, cooperative and member-owned insurers who have been identified by their seniors as strong candidates to become future leaders within their organisations. It gives the […]

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